Press release
AC Drives Market to Reach US$ 33.9 Billion by 2028 | CAGR of 6.2%
AC Drives Market
AC Drives Industry Outlook:
Alternating current (AC) drives are electronic devices that control the torque and speed of an electronic motor by alternating the frequency, magnetic flux, and voltage. They aid in enhancing the process control while reducing the energy requirements of the device and providing accurate control of the motor in a low-maintenance compact size. Additionally, they are also used to convert energy from natural and renewable resources, such as the sun and wind. As a result, they are widely used in various industries, including building automation, metals and mining, power generation, food and beverage, and chemicals and petrochemicals, due to their energy-saving and low maintenance properties.
Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/ac-drives-market/requestsample
Global AC Drives Industry Demand:
The rising demand for energy-efficient solutions is driving the global market. Moreover, the increasing investments in infrastructural development projects due to rapid urbanization and industrialization are also contributing to the market. Apart from this, the rising popularity of the industrial Internet of Things (IIoT) and the growing usage of cloud computing, mobile communications, and web technologies for controlling and maintaining drives are propelling the demand.
Furthermore, increasing government initiatives to conserve electricity through energy efficiency are providing a thrust to the overall AC drives market favorably. Other factors, such as increasing investments in HVAC and quality refrigerators by the masses and extensive research and development (R&D) activities by key players, are also influencing the market.
Buy full report with table of contents: https://www.imarcgroup.com/ac-drives-market
Key Market Segmentation:
Top AC Drives Manufacturers :
The competitive landscape of the industry has also been examined along with the profiles of the key players being:
• ABB Group, Danfoss Group
• Schneider Electric SE
• Siemens AG, Mitsubishi Electric India
• Fuji Electric Co. Ltd., Emerson Electric Co.
• Hitachi Ltd
• Parker-Hannifin Corporation
• Rockwell Automation Inc.
• Toshiba International Corporation
• WEG SA
• Yaskawa Electric Corporation
Breakup by Power Rating:
• Low Power Drives (40 kW)
• Medium Power Drives (41 kW - 200 kW)
• High Power Drives (200 kW)
Breakup by Voltage:
• Low Voltage
• Medium Voltage
Breakup by Application:
• Pumps
• Fans
• Compressor
• Conveyors
• Extruders
• Others
Breakup by End-Use:
• Food and Beverage
• Water and Wastewater
• HVAC
• Oil and Gas
• Power
• Metal Processing
• Chemicals
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release AC Drives Market to Reach US$ 33.9 Billion by 2028 | CAGR of 6.2% here
News-ID: 2896815 • Views: …
More Releases from IMARC Group
Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw …
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety.
Setting up an…
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- …
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Halal Cosmetics Market Highlights:
• Halal Cosmetics Market…
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ …
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors.
Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,…
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M …
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations.
Setting up a honey processing plant involves operations such as…
More Releases for Drives
External Solid State Drives Market
External Solid State Drives Market Overview
External Solid State Drives operate identically to internal SSDs, both work with memory and processors to access and store data for long-term use. SSDs use a grid of electrical cells to send and receive stored data, operating just like flash drives.
This report provides a deep insight into the global External Solid State Drives market covering all its essential aspects. This ranges from a macro overview…
Hard Disk Drives Market
Hard Disk Drives Market During the forecast period, the Hard Disk Drive (HDD) market is anticipated to expand at a CAGR of roughly 8.8%. Enterprises' increasing demand for data storage on flash drives and Solid State Drives, as well as their increasing use of desktop HDDs, portable HDDs, and network-attached storage HDDs to store software, operating systems, and other programs, are anticipated to fuel the market's expansion.
Hard disc drives (HDDs)…
Robot Drives Market Leading Trends 2019 | Bosch Rexroth, Ingenia Motion Control, …
Global Robot Drives Market Research Report 2019-2025 introduces a detailed examination of the Robot Drives market covering segments and sub-sections of the market, product types, advancements, applications, industry verticals, areas that are expected to command the estimated forecast period from 2019 to 2025. The report analyzes top regions of the world and countries along with the status of regional development, consisting of volume, size, market value, and price data. The…
Slew Drives Market | Multiplicity of Usage for Slew Drives Drive the Market Grow …
The global demand for automobiles has paved way for the growth of the global slewing drives market. Slewing drives are amongst the most utilitarian parts of turbine engines and cranes. The high load-bearing capacity of these drives has given an impetus to the growth of the market players. Furthermore, there is no contention about the historic use of these drives in several industries such as automobiles, aerospace, and defense. The…
Global HVAC Drives Market Forecast 2018-2025 ABB, Siemens, Danfoss Drives, Schne …
Recently added detailed market study "Global HVAC Drives Market" examines the performance of the HVAC Drives market 2018. It encloses an in-depth Research of the HVAC Drives market state and the competitive landscape globally. This report analyzes the potential of HVAC Drives market in the present and the future prospects from various angles in detail.
The Global HVAC Drives Market 2018 report includes HVAC Drives market Revenue, market Share, HVAC Drives…
Global Robot Drives Sales Market 2017 - Bosch Rexroth, Ingenia Motion Control, R …
Report studies Robot Drives Sales in Global market that focuses on the top Manufacturers, Market Segment by Countries, Split by Product Types (with sales, revenue, price, market share of each type), Split by applications this report focuses on sales, market share and growth rate of Robot Drives Sales in each application.
Request For Sample Report @ http://www.fiormarkets.com/report-detail/65823/request-sample
The report Global Robot Drives Sales Industry provides a comprehensive analysis of the Robot Drives…
